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Investigation of McDonald Partners LLC Broker Rita Mansour

Posted on Tuesday, September 29th, 2020 at 8:15 pm    

McDonald Partners LLC

Were you the victim of McDonald Partners LLC broker Rita Mansour (CRD# 1968418)? Mansour has been registered with McDonald Partners LLC in Toledo, Ohio since 2006. 

Mansour has been the subject of four customer complaints between 2019 and 2020, according to her CRD report:

August 2020. “Claimants allege that RR recommended unsuitable investments in a private offering of securities, and did not accurately disclose the risks of, and other material facts regarding, the investments. One of the Claimants also alleges that RR recommended an unsuitable investment in another private offering of securities.” The customer is seeking $650,000 in damages and the case is currently pending. The complaint was regarding direct investments and private securities offerings. 

June 2020. “Claimant alleges Ms. Mansour did not disclose, and did not accurately disclose, all material facts in connection with Claimant’s investment in a private placement offering, and did not provide updates and other documents after Claimant made the investment.” The customer is seeking $250,000 in damages and the case is currently pending. The complaint was regarding direct investments and private securities offerings. 

December 2019. “Claimant alleges that: a 2017 investment in a private placement offering was unsuitable; insufficient due diligence was conducted on the offering, and; disclosures regarding the offering were insufficient.” The customer is seeking $100,000 in damages and the case is currently pending. The complaint was regarding direct investments and private securities offerings. 

September 2019. “Claimants allege Ms. Mansour did not provide sufficient information regarding source of funds raised for, and used to close, contingency offering, and did not provide accurate information regarding status of underlying project.” The customer is seeking $250,000 in damages and the case is currently pending. The complaint was private securities offerings. 

Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, McDonald Partners LLC may be liable for investment or other losses suffered by Mansour’s customers.

Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.